Banking - Page 214

Tension as NUBIFIE Shuts Down Heritage Bank Headquarters

April 18, 2024

By Modupe Gbadeyanka Business activities at the headquarters of Heritage Bank on Victoria Island, Lagos, have been disrupted by officials of the National Union

Banking

CBN Orders Banks to Keep N1b Collateral for OTC Trade

June 1, 2018

Dipo Olowookere

By Dipo Olowookere Deposit Money Banks (DMBs) operating in the country have been directed to keep at least N1 billion collateral in form of

Banking

S&P Affirms Ratings on Stanbic IBTC Bank, Predicts Robust Earnings in 2018

May 31, 2018

Dipo Olowookere

By Dipo Olowookere S&P Global Ratings has announced affirming its ‘B/B’ long- and short-term issuer credit ratings on Nigeria-based Stanbic IBTC Bank PLC with

Banking

CBN Report Shows Nigerian Banks Charge 49.50% Interest Rate

May 30, 2018

Dipo Olowookere

By Dipo Olowookere A new report by the Central Bank of Nigeria (CBN) has revealed that some deposit money bank’s (DMBs) in the country

Banking

GTBank Implements PIN for 737 Transactions

May 30, 2018

Dipo Olowookere

By Dipo Olowookere Renowned for its simplicity and efficiency, GTBank’s 737 USSD Banking Service is the most robust USSD banking platform in Nigeria, staying

Banking

Trade Finance for SMEs Still Limited, ICC Survey of 251 Banks Shows

May 29, 2018

Dipo Olowookere

The International Chamber of Commerce’s 10th annual Global Survey titled ‘Global Trade: Securing Future Growth’ has revealed that counter-terrorism and other international regulations are

Banking

S&P Affirms Fidelity Bank Ratings, Raises Concerns on High Loan Concentration

May 29, 2018

Dipo Olowookere

By Dipo Olowookere One of the top rating agencies in the world, S&P Global Ratings, has announced affirming its ‘B-‘ long-term and ‘B’ short-term

Banking

FSD Africa Commends Diamond Bank Professional Dealings

May 29, 2018

Dipo Olowookere

By Dipo Olowookere Diamond Bank Plc has been applauded by the Financial Sector Development for Africa (FSD Africa) for its professional dealings. The agency,

Banking

CBN Governor Storms Zenith Bank, UBA, First Bank to Monitor Forex Sales

May 28, 2018

Dipo Olowookere

By Dipo Olowookere Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, stormed the branches of Zenith Bank, United Bank for Africa

Banking

Ecobank Emerges Africa’s Best, Most Innovative Retail Bank

May 28, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Pan-African lender, Ecobank, has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan,

Banking

Children’s Day: Kings College Head Boy Takes Over as Unity Bank CEO

May 28, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka As parts of activities to mark this year’s Children’s Day celebration, Unity Bank recently hosted students of Kings College in Lagos.

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